Reuters: Technology News: Huawei might consider buying Nokia: report

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Huawei might consider buying Nokia: report Jun 18th 2013, 18:46 Tweet Share this Email Print Analysis & Opinion How Huawei can dial down the fear factor The road to smart technology A man using his mobile phone walks under a Nokia logo in Shanghai December 6, 2012. Credit: Reuters/Aly Song NEW YORK | Tue Jun 18, 2013 2:46pm EDT NEW YORK (Reuters) - Chinese network equipment and cellphone maker Huawei Technologies Co. would consider buying Finland's Nokia to help it expand its smartphone business, according to a story on the Financial Times website. The story quoted the head of Huawei's consumer business, Richard Yu, as saying: "We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded." Nokia and Huawei were not immediately available for comment. Nokia's U.S. shares were up 26 cents or 7 percent at $3.95 after the report. (Reporting by Sinead Carew and Ritsuko Ando) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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